(Shremetal) Shremetal complete technical analysis [charts+indicators] | Buy/Sell Shremetal | (Shremetal) share price targets
Complete technical analysis of Shremetal (Shremetal) by charts plus indicators, forecast predictions and share price targets for Shremetal (Shremetal)
Showing technical analysis as on 2024-11-26 View latest technical analysis
10 day averaged volume of Shremetal is 7467
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 42.17 | 42.16 | 42.17 | 42.16 | 0.153 times |
| 25 Mon Nov 2024 | 40.17 | 39.00 | 40.17 | 39.00 | 0.158 times |
| 22 Fri Nov 2024 | 38.26 | 37.11 | 38.95 | 37.11 | 0.457 times |
| 21 Thu Nov 2024 | 37.10 | 40.03 | 40.50 | 37.10 | 0.484 times |
| 19 Tue Nov 2024 | 39.05 | 39.50 | 40.00 | 38.00 | 0.204 times |
| 18 Mon Nov 2024 | 39.53 | 41.93 | 41.93 | 39.01 | 0.279 times |
| 14 Thu Nov 2024 | 40.90 | 39.11 | 42.00 | 39.11 | 0.725 times |
| 13 Wed Nov 2024 | 41.15 | 44.40 | 44.40 | 41.15 | 1.192 times |
| 12 Tue Nov 2024 | 43.31 | 48.48 | 49.00 | 42.65 | 2.568 times |
| 11 Mon Nov 2024 | 47.29 | 49.88 | 49.88 | 45.05 | 1.622 times |
My analysis of stock is bearish for shortterm, and stock might move down till 38.1 or till 31.3. Use a stoploss of 43.83 and if the stock hits stoploss, then it can shoot up till 49.52
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 34.22 |
| Downside Target | 35.00 |
| Downside Target | 36.11 |
| Downside Target | 37.10 |
| Downside Target | 39.00 |
| Downside Target | 40.40 |
| Downside Target | 41.93 |
| Upside Target | 44.80 |
| Upside Target | 45.00 |
| Upside Target | 48.00 |
| Upside Target | 49.88 |
| Upside Target | 50.57 |
| Upside Target | 59.00 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 40.06 |
| Downside Intraday Target | 37.94 |
| Upside Intraday Target | 43.23 |
| Upside Intraday Target | 44.28 |
| Downside Intraday Target | 41.11 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 42.17 | 39.00 | 42.17 | 39.00 | 0.218 times |
| 22 Fri Nov 2024 | 38.26 | 41.93 | 41.93 | 37.10 | 0.233 times |
| 14 Thu Nov 2024 | 40.90 | 49.88 | 49.88 | 39.11 | 0.109 times |
| 08 Fri Nov 2024 | 48.66 | 44.20 | 59.00 | 40.40 | 20.678 times |
| 01 Fri Nov 2024 | 45.07 | 35.20 | 48.00 | 35.20 | 2.26 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Shremetal (Shremetal)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 42.17 | 40.75 | 59.00 | 37.10 | 11.524 times |
| 31 Thu Oct 2024 | 40.75 | 39.55 | 45.00 | 35.00 | 0.232 times |
| 30 Mon Sep 2024 | 39.50 | 37.91 | 50.57 | 36.11 | 14.601 times |
| 30 Fri Aug 2024 | 38.68 | 40.40 | 44.80 | 35.00 | 0.49 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Shremetal (Shremetal)
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Shremetal ( (Shremetal) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Shremetal ( (Shremetal) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Shremetal stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Shremetal in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shremetal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shremetal in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Shremetal is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 42.57 and Shremetal (Shremetal) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Shremetal (Shremetal) stock. Volume based technical analysis of Shremetal (Shremetal) stock is negative.
Shremetal Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Shremetal ( (Shremetal) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Shremetal ( (Shremetal) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Shremetal stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Shremetal in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shremetal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shremetal in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Shremetal is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 42.57 and Shremetal (Shremetal) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Shremetal (Shremetal) stock. Volume based technical analysis of Shremetal (Shremetal) stock is negative.
Shremetal Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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